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    Property profile & analytics

    8888 51st Ave Arvada, CO 80002-4224

    • Automotive properties
    • 5,000 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $1,245,000
    Last Sale
    Nov 02, 2022
    $1,100,000
    Location Intelligence
    Property ID
    US13-1127781
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Ajax Auto Parts Inc / Auto Parts Store
    • S & M Automotive and Diesel / Auto Repair Shop

    Property Details for 8888 51st Ave

    Year built
    1966
    Construction
    STEEL FRAME
    Lot size
    0.54 lot acres
    Property size
    5,000 SF
    Property type
    Automotive properties
    APN
    39-154-04-002
    APU
    3915404002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,410,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,020,000
      6.5%
      $1,000,000
      7%
      $1,140,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,040,000
      Geo Method
      $1,140,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,110,000
      Retail
      $1,075,000
      Mixed-Use
      $1,005,000
      Hospitality
      $1,240,000
      Educational
      $1,055,000
      Residential Income
      $1,265,000
      Energy
      $1,135,000
      Income-Based Land
      $1,050,000
      Food Service
      $1,010,000

    Location Insight

    • Map
    • Local Demand
    City
    Arvada
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.096
    Latitude
    39.7888
    CBSA code
    19740
    CBSA name
    DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,815
    $32,685
    $241,293
    $273,978
    -
    $117,150
    $894,850
    $1,012,000

    Comparable in this City

    • Value Estimation
      $630,000
      4,840 SF

      5745 Independence St

      VEHICLE SALES, RENTALS • 4,840 SF
      5745 Independence St, Arvada, CO 80002-2140
      View Details
    • Value Estimation
      $715,000
      7,983 SF

      5635 Kendall Ct

      VEHICLE SALES, RENTALS • 7,983 SF
      5635 Kendall Ct, Arvada, CO 80002-2729
      View Details
    • Value Estimation
      $560,000
      3,534 SF

      5609 Lamar St

      VEHICLE SALES, RENTALS • 3,534 SF
      5609 Lamar St, Arvada, CO 80002-2623
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    • Value Estimation
      $3,340,000
      11,080 SF

      5175 Marshall St

      VEHICLE SALES, RENTALS • 11,080 SF
      5175 Marshall St, Arvada, CO 80002-4628
      View Details
    • Value Estimation
      $1,400,000
      4,681 SF

      5325 Olde Wadsworth Blvd

      VEHICLE SALES, RENTALS • 4,681 SF
      5325 Olde Wadsworth Blvd, Arvada, CO 80002-2573
      View Details
    • Value Estimation
      $800,000
      7,740 SF

      5330 Wadsworth Byp

      VEHICLE SALES, RENTALS • 7,740 SF
      5330 Wadsworth Byp, Arvada, CO 80002-3732
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
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      Arvada Retail Space For Lease

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    • $18 SF/Yr
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      Restaurant/Bar Space Available for Lease

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    8888 51st Ave
    Arvada, CO 80002-4224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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